Will Canadians see new taxes in the 2024 federal budget? | Power Play with Vassy Kapelos

The Front Bench discusses whether Canadians will see new taxes in the upcoming federal budget.
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[@gorgeousgeorge5173]

I am so sick and tired of stupid Liberal programs and my taxes going up.

[@jimathyjohnathy6996]

taxes are fun though, imagine needing an extra 40% of ur money. haha

[@DavidTa2]

Your tax rate is not 40%​@@jimathyjohnathy6996

[@squatch545]

You sound like a wealthy whiner.

[@Jstrez]

​@@squatch545And you sound like a non taxpayer.

[@squatch545]

@@Jstrez I definitely pay taxes, and am happy to.

[@thetruthwillsetyoufree2130]

Liberal NDP politics and policies are awful

[@socksrwooly]

Harper adjusted corporate taxes and actually gained taxes massively because businesses grew and more growth.

[@zachweyrauch2988]

Im not gonna bother fact checking because i know thats a myth if only for what happened with GM. I grew up in sw ontario too. The manufacturing exodus didnt care who gave them our money.

[@littlelittle5]

Time for a competent Government!❤ Pierre for PM!

[@chelseagirl278]

NOW!!!

[@CarlitoVillarrica]

@@chelseagirl278 Dream on P.P. is part of the game, like the wizard of Oz, you never see the person at the helm in the background, namely the corporation paying their way into power.

[@chelseagirl278]

wow! you know how to cut and paste, congrats!

[@littlelittle5]

@@CarlitoVillarrica Yes yes.. keep voting for the WORST! MOST CORRUPT, INEPT PERSON WITH ZERO QUALIFICATIONS! Stop drinking JTs Kool Aid juice dude.

[@johanneshoogenboom]

Kathleen Monk is like a bad take machine or something, she’s wrong about every all the time.

[@investornewbiegrowthjourna5204]

She said has to raise taxes for literally every business, so they can raise employees wages ??? Do you have to take economics101 to be a policy commentator? Or just simple logic101? Geeez 😂😂😂

[@johanneshoogenboom]

@@investornewbiegrowthjourna5204 are you saying raising taxes on business means businesses can pay employees more?

[@investornewbiegrowthjourna5204]

@@johanneshoogenboom that's what Kathleen Monk said there 😂😂😂

[@johanneshoogenboom]

@@investornewbiegrowthjourna5204 oh right sorry.

[@fkb247]

The Liberals lowered the tax rate on corporations in order for businesses to come to Canada. Harper maintained that. This lady doesn't know her history.

[@joycemclean9661]

We’ll see more spending, more inflation, no accountability and more scandals.

[@jimathyjohnathy6996]

woo

[@bryanlee2033]

Did she just say raising corporate taxes will increase productivity?

[@wheressteve]

100%

[@jimathyjohnathy6996]

we up

[@canadaclub8920]

it's possible but not guaranteed

[@guigram1124]

​@canadaclub8920 how? Part of productivity crisis in this country is lack of investments. Raising taxes reduces investments

[@squatch545]

@@guigram1124 No it doesn't.

[@littlelittle5]

Drive away business.. and jobs! Buckle up folks!

[@kevinbeausoleil8104]

That lady is clueless. A true liberal right down to the bone.

[@Wl0006]

You can’t get ahead in Canada with this incompetent Government. Smart thing to do is take your money and leave Canada. Taxed to hell.

[@scottw550]

Free dental and childcare for the masses and helping the poor from other countries. lol

[@rosepetals6214]

Freeloader asylum seekers..

[@jimathyjohnathy6996]

i hate kids, but...

[@DavidTa2]

I dont see anything wrong with that. ❤ Canada for the win!!

[@kanuduh5234]

@@DavidTa2 Deficits don't exist to you?

[@Samuels-nz9em]

​@DavidTa2 Being paid with whose money?

[@ricklatour2794]

monk is full scale Liberal PR machine - she has dumped her NDP support

[@moelo5930]

Of course there are new taxes coming that’s how THE BUDGET WILL BALANCE ITSELF😂😂

[@jimathyjohnathy6996]

lets gooo

[@glennfranz9929]

You just interviewed David Dodge and he said this budget is as bad or worse than 1982.

[@jimgodfrey9832]

What about reducing debt that interest is higher than the amount for healthcare. Tax tax tax !!! Spend spend spend!!!

[@lindadougall2210]

Wages are ahead of inflation? Not even close

[@jimathyjohnathy6996]

government jobs are

[@mikekovacs8981]

I was just talking with a small business owner yesterday who's business is incorporated hence "a corporation". She was planning on giving her employees a raise instead a corporate tax increase would give the government a raise instead.

[@zachweyrauch2988]

Lets pretend that person is real. Should the paperwork snafus of a single business affect our entire economy? Couldnt we just help them disincorporate?

[@phaedon55]

well of course, someone's got to pay for their raise

[@rv4084]

Any increase on taxes to consumer industries will simply trickle down to average Canadians.

[@doubledeuce2355]

A tax on the corporations is a tax on consumer's.

[@zachweyrauch2988]

Im a person. Sorry you have to buy all your solutions.

[@squatch545]

No it isn't. you have the choice to buy from a corporation or not.

[@jimmerlin1265]

Wages have outpaced inflation? Not my wages!

[@daren9721]

Pierre for Prime Minister!!!!!!!!

[@jimathyjohnathy6996]

hello

[@peej91]

Lmao looks like inflation ain’t goin down anytime soon

[@TirrellKajder]

You've done a great job presenting the facts.

[@chelseagirl278]

FJT!! PP is my PM!

[@CarlitoVillarrica]

Dream on P.P. is part of the game, like the wizard of Oz, you never see the person at the helm in the background, namely the corporation paying their way into power.

[@kanuduh5234]

@@CarlitoVillarrica Found the cut and paste bot.

[@jody-ne7xs]

How soon do we lose our AAA credit rating? Lots of talk about it. Welcome to the third world.

[@chessthecat]

We don't need new taxes we have to CUT SPENDING. We're spending a billion a month on interest alone

[@ISK22555]

This government wants to spend another 38 billion WTF

[@drbluechipx]

More debt than all previous PMs in Canadian history combined.

[@squatch545]

Breaking Harper's debt record was extremely difficult, but Trudeau managed to do it.

[@erikpaul2550]

All of this math saying "hike taxes on corporations and the wealthy and we'll have more revenue" completely ignores the amount of investment that will leave Canada because it's not worth the cost. Increasing taxes generally reduces tax revenues because businesses and wealthy individuals move to a more favourable jurisdiction. That is why you need someone who understands economics running a country.

[@paulboone5223]

We need to start protesting like Europe does. Let them know it's not what we want or need.

[@scottmores8698]

Of course MORE taxes are coming. Libs are great at that

[@robertstolz931]

One person on this panel gets it. Less taxes.

[@lauriegaudet5805]

It is illegal to report any of the Budget before it is brought to Parliament

[@Abeysampson]

Liberals and NDP done like dinner.

[@abdcontractingltd]

raising corporate taxes on small businesses will ruin some/most.

[@squatch545]

Boo hoo.

[@NickSamba-cq4jd]

Incompetent Freeland budgeting announcement with more taxes adding up on Canadians. I'm unfortunately the deputy prime minister who fails her duty over and over again in my own opinion about budgeting!!!🤦🤦🤦

[@DarleneRamsay-le6bz]

More tax money, the more money is wasted.

[@timmymiron2727]

Guys, what are they going to call the new upcoming tax 😅

[@razz.7446]

Of course

[@skirsman]

k Monk....look like you still live in France in 1980

[@theowoytowich9959]

Raising taxes on corporations raises the cost of the services and products they provide. It in turn raising the cost of everything the average person buys.

[@ryanoliver9475]

That or they simply pick up and move elsewhere like they did in Alberta when NDP raised Corp taxes.

[@theowoytowich9959]

@@ryanoliver9475 Agree. In this case out of the country taking their jobs with them.

[@debbiebain6581]

STOP with blaming Harper! He has more ability in his baby finger that Trudeau and his whole cabinet! The only one of Trudeau’s liberal ministers that had any knowledge was Moreau, and he walked away from this chaotic cabinet!

[@commonsenserevolutionx1053]

Will Canadians see new taxes? Well my grandpa used to say guarantees in life death and taxes. Today we say guarantee with a Liberal government.....tax and spend.

[@BlueTeamRedTeam]

Short answer is yes.

[@kennethjmcarthur2428]

Pathetic listening to these so-called experts who profess the benefits of higher taxation. This clearly identifies their irresponsible notion that government spending is somehow responsible.

[@zachweyrauch2988]

Im a millennial. If we dont start taxing the wealth that is clearly warping our economy, my generation is going to abandon it. We are not participating. We are moving away and working online for more valuable nations. There will be no services here or they'll be excessively expensive. Im fine with this. Im very competent and happy with less. I have no intention of selling my labour for less than its worth to maintain a system that harms me.

[@littlelittle5]

Bank junk fees.. that will help lol

[@chafouaube985]

Yes

[@jimathyjohnathy6996]

no

[@timpeterson2738]

The budget will balance itself. "He's just not ready," sure sounded like the right election slogan in hindsight. Too bad central and eastern canada didnt figure it out till 9 years later, guess you all are iether more patient, not paying attention or just plain stupid.

[@tammykrzyski6250]

Shakire (I hope I spelled his name right), is right. I really like him:)

[@tammykrzyski6250]

Vassy you look really sexy today. I don’t know if that’s a shirt or a jacket you’re wearing but you look great!!! 🤘

[@TheLast-BoyScout.33]

My days here are limitied so i will NOT be paying anymore taxes to this liberal crime syndicate!! Anyone here contemplating to do the same, i wish you well.

[@outdoor-explorer]

Ya i cant afford to live here anymore, tired of paying taxes to give the lazy a free ride. now everything is going to increase because the liberals are about to drive jobs out of canada. Time to move.

[@showmeyourjitss]

You know what would help the gov in their polls? Cut spending! Im sick of seeing a deficit year after year and then JT says we're fightingg inflation. You are legit pouring gasoline on the fire